PS1 :Ten Priebles of toon. worap . Cengige Learning KYe Suppose That France And
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PS1 :Ten Priebles of toon. worap . Cengige Learning KYe Suppose That France And D. St. Cloud MedealOoptr x (-C Apps Not Secure ng Job Application D Job opening. ticinb/uijindex.htmbld7322398nbNodeld-2761967428deploymentid-9404333751988758 Career Opportuniti. centra- G Paperless Pay-Ray· File My Claim 17-Mo. @ Basic Eligbity , FAF. MINDTAP PS3: Interdependence and the Gains from Trade @Oue today at 11 PM CST When a country has a comparative advantage in the production of a good, means that t can produce this good at a lower opportunity coet than is trading partner. Then the country will specialize in the production of this good and trade it for other goods The following graphs show the production possibilibes frontiers( initialy (i.e., before marked with the letter A. (PPfs) for Freedonia and Desonia. Both countries produce potatoes and coffee, each specialization and trade) produing 18 million pounds of potatoes and 9 milion pounds of coffee, as indicated by the grey stars 424 122 POTATOES M 3 4 5 6 2Explanation / Answer
Freedoina can produce more potatoes with given resources than that of desoina
Desonia has comparative advantage in producing Coffee.
After Trade specialisation both countries can produce 36mn pounds of potatoes and 36mn pounds of coffee.
False as After trade Consumption by both the coutries should increase than that of pre trade
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